April 7, 2025

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Personal finances are consistently ranked as the number one stressor for most American adults, so saving money on interest payments, being able to financially handle an emergency or planning toward spending time as one wishes are all worthwhile objectives and ways that we can bolster our overall peace of mind.

Through that lens, having an organized plan for chipping away at debt should be considered a worthy component of one’s personal wellness goals.

We’ve outlined below two systems for automating and accelerating one’s debt repayment: the Debt Avalanche and the Debt Snowball methods. Some finance gurus will be very staunch in recommending one over the other, but we believe the one that is best is whichever one you can stick to and maintain. When employed with consistency, either solution will free you from debt faster, giving you some serenity as well as saving money. Either way, what matters is that you are committing to a debt reduction plan, which is a great first step!  

Click on each method below to see details on how it works

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